ALCEG: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ALCEG
Largest movements
- Receivables within one year +€209,326
up €209,326 (+112.2%), from €186,618 to €395,944
of which Trade receivables: +€145,564
- Tangible fixed assets -€14,279
down €14,279 (-15.8%), from €90,148 to €75,870
of which Furniture and vehicles: -€19,063
- Cash -€6,611
down €6,611 (-27.7%), from €23,890 to €17,279
mainly Receivables within one year (-€209,326) and Investment in fixed assets (net) (-€12,553)
- Reserves +€130,000
new in 2024: €130,000
- Tax, wage and social debts +€37,973
up €37,973 (+90.0%), from €42,207 to €80,180
- Trade debts +€24,290
up €24,290 (+16.9%), from €143,380 to €167,670
- Gross operating margin +€116,635
up €116,635 (+108.5%), from €107,518 to €224,153
- Taxes +€36,831
up €36,831 (+169.7%), from €21,709 to €58,539
- Depreciation +€13,308
up €13,308 (+114.3%), from €11,639 to €24,948
- Other operating charges +€4,536
up €4,536 (+393.3%), from €1,153 to €5,689
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €300,657 | €494,013 | +€193,356 | +64.3% |
| Fixed assets | 21/28 | €90,148 | €77,753 | -€12,395 | -13.7% |
| Tangible fixed assets | 22/27 | €90,148 | €75,870 | -€14,279 | -15.8% |
| Plant, machinery and equipment | 23 | €2,168 | €6,952 | +€4,784 | +220.7% |
| Furniture and vehicles | 24 | €87,980 | €68,918 | -€19,063 | -21.7% |
| Financial fixed assets | 28 | - | €1,884 | +€1,884 | |
| Current assets | 29/58 | €210,509 | €416,259 | +€205,751 | +97.7% |
| Amounts receivable within one year | 40/41 | €186,618 | €395,944 | +€209,326 | +112.2% |
| Trade receivables | 40 | €78,232 | €223,796 | +€145,564 | +186.1% |
| Other amounts receivable | 41 | €108,386 | €172,148 | +€63,762 | +58.8% |
| Cash at bank and in hand | 54/58 | €23,890 | €17,279 | -€6,611 | -27.7% |
| Deferred charges and accrued income | 490/1 | - | €3,036 | +€3,036 | |
| Total equity and liabilities | 10/49 | €300,657 | €494,013 | +€193,356 | +64.3% |
| Equity | 10/15 | €115,070 | €246,163 | +€131,094 | +113.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €130,000 | +€130,000 | |
| Distributable reserves | 133 | - | €130,000 | +€130,000 | |
| Profit (loss) carried forward | 14 | €110,070 | €111,163 | +€1,094 | +1.0% |
| Amounts payable | 17/49 | €185,587 | €247,849 | +€62,262 | +33.5% |
| Amounts payable within one year | 42/48 | €185,587 | €247,849 | +€62,262 | +33.5% |
| Trade debts | 44 | €143,380 | €167,670 | +€24,290 | +16.9% |
| Suppliers | 440/4 | €143,380 | €167,670 | +€24,290 | +16.9% |
| Taxes, remuneration and social security | 45 | €42,207 | €80,180 | +€37,973 | +90.0% |
| Taxes | 450/3 | €42,207 | €80,180 | +€37,973 | +90.0% |
| Remuneration, social security and pensions | 62 | €4,620 | €3,354 | -€1,266 | -27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,639 | €24,948 | +€13,308 | +114.3% |
| Other operating charges | 640/8 | €1,153 | €5,689 | +€4,536 | +393.3% |
| Gross operating margin | 9900 | €107,518 | €224,153 | +€116,635 | +108.5% |
| Operating profit (loss) | 9901 | €90,105 | €190,162 | +€100,057 | +111.0% |
| Financial income | 75/76B | €1 | €1 | -€0 | -13.2% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -13.2% |
| Financial charges | 65/66B | €831 | €530 | -€301 | -36.2% |
| Recurring financial charges | 65 | €831 | €530 | -€301 | -36.2% |
| Profit (loss) for the period before taxes | 9903 | €89,275 | €189,633 | +€100,358 | +112.4% |
| Income taxes | 67/77 | €21,709 | €58,539 | +€36,831 | +169.7% |
| Profit (loss) for the period | 9904 | €67,566 | €131,094 | +€63,527 | +94.0% |
| Profit (loss) for the period to be appropriated | 9905 | €67,566 | €131,094 | +€63,527 | +94.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.